All Posts Tagged Tag: ‘Cisco’

Cisco To Acquire Security Company Neohapsis

Cisco announced that it intends to acquire Neohapsis, a company which offers network, cloud, and app security, as well as IT risk and compliance services. Cisco says it will use the acquisition to help customers build security capabilities and overcome operational and technical vulnerabilities, as well as “achieve a comprehensive view of their risks, take advantage of new business models, …

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Cisco Earnings Released, CFO Out

Cisco just reported its Q1 earnings for the quarter ended October 25. In a return to growth, the company reported its strongest Q1 revenue ever at $12.2 billion, which is up 1% year-over-year. Earnings per share were $0.35 GAAP and $0.54 non-GAAP. Cisco also announced that executive vice president and CFO Frank Calderoni is stepping down at the beginning of …

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Cisco Announces Plans To Acquire Memoir Systems

Cisco announced its intent to acquire privately held Memoir Systems, which develops semiconductor memory intellectual property and tools for ASIC vendors to build programmable network switches. This is the second acquisition announcement from Cisco in as many days. On Wednesday, the company announced its intent to buy Metacloud. “This acquisition will enable the proliferation of affordable, fast memory for existing …

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Cisco Announces Metacloud Acquisition Plans

Cisco just announced that it intends to acquire private cloud company Metacloud to accelerate its own “intercloud” strategy. Metacloud says the deal will not affect users’ environments, and that it already has account reps reaching out to customers to answer questions. It counts Tableau, Ooyala, SK Planet, and Tapjoy among its customers. “Metacloud’s OpenStack-based cloud platform will accelerate Cisco’s strategy …

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Cisco Cuts 6,000 Jobs As It Reports Better Than Expected Earnings

Cisco announced on Wednesday that it will cut about 6,000 jobs or 8% of its total workforce. The news came as the company reported its earnings for its fourth quarter and fiscal year 2014, beating Wall Street estimates. Chairman and CEO John Chambers said in a statement, “We are executing well in a tough environment and delivered our best non-GAAP …

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Enterprise Connect: Google And Cisco Partner For Chromebook Offerings

Google and Cisco have partnered up to offer Cisco WebEx and Cisco UC on Chromebooks. Rajen Sheth, Googles’s Director of Product Management on Chrome for Business announced the news at Enterprise Connect, where he demonstrated a proof of concept of the WebEx offering. “We’re also integrating Cisco UC technologies into Google Apps, helping our joint customers work better together,” writes …

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Cisco Acquires Collaboration Platform Collaborate

Cisco announced that it has acquired mobile productivity platform Collaborate. Collaborate unifies messaging, document sharing, and task management across mobile apps on mobile devices and the web. It integrates with Box, Dropbox, Evernote and Google Drive. Co-workers can participate in “instant collaboration rooms” where they can chat and share documents, notes, images and videos. “Collaborate’s flexibility also enables teams to …

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Cisco Partners With Facebook On Wi-Fi

Facebook started testing its Wi-Fi offering last year. It’s reportedly installed at over 1,000 merchants so far. Today, Cisco announced that it has partnered with the company on it, calling the collaboration “Connected Mobile Experiences” (CMX) for Facebook Wi-Fi. Facebook Wi-Fi lets people check in to businesses for free Wi-Fi access. Business benefits of the new initiative, as described by …

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Cisco Is Counting Things That Are Connected To The Internet In Real Time (Here’s The Counter)

Cisco launched the Cisco Internet of Everything (IoE) Connections counter today, claiming to count, in real time, everything that comes online. So far it’s over ten billion people, processes, data and things. Here’s a look at their counter: “Right now, in 2013, 80 ‘things’ per second are connecting to the internet. Next year that number will reach almost 100 per …

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Cisco Is Acquiring Sourcefire For $2.7 Billion

Cisco announced today that it has entered an agreement to acquire security firm Sourcefire in a deal worth $2.7 billion. Cisco wil pay $76 per share in cash for all shares of Sourcefire, and will assume outstanding equity awards. Retention-based incentives are included in the price. Sourcefire reported $223.1 million in revenue last year (up 35% from the prior year). …

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Cisco Plans To Acquire Composite Software

Cisco announced today that it intends to acquire Composite Software, a privately-held data virtualization software and services company. Cisco aims to pay $180 millino in cash and retention-based incentives for all shares of the company. Cisco says the acquisition builds on its framework for a “unified platform” and its software services strategy with the recent acquisition of SolveDirect. “Composite’s data …

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Cisco To Acquire IT Energy Management Firm JouleX

Cisco announced on Wednesday its intent to acquire IT engergy management company JouleX. Cisco says the Atlanta-based company complements its existing portfolio by using capabilities of its network to gain visibility into and control energy usage across global IT environments. Under the terms of the deal, Cisco will pay about $107 million in cash and retention-based incentives in exchange for …

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